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TRANS FINANCIAL ANNOUNCES RECORD EARNINGS

 TRANS FINANCIAL ANNOUNCES RECORD EARNINGS
 BOWLING GREEN, Ky., Oct. 19 /PRNewswire/ -- Trans Financial Bancorp,


Inc. (NASDAQ-NMS: TRFI), today announced record earnings of $2,298,000 or $0.46 per common share (on a fully diluted basis) for the third quarter as compared to $910,000 or $0.42 per common share in 1991. For the nine months ended Sept. 30, 1992, earnings were $5,936,000 ($1.31 per share) versus $2,476,000 ($1.20) per share) in 1991.
 Average shares outstanding on a fully diluted basis increased by 120 percent to 4.95 million for the third quarter and by 116 percent to 4.5 million shares for the nine months ended Sept. 30, 1992. This was Trans Financial's eighth consecutive record quarter of earnings.
 Total assets for the Bowling Green-based company were a record $863 million, up 72 percent from a year ago.
 Chairman and Chief Executive Officer Douglas M. Lester attributed the record earnings for the quarter to increased operational efficiencies generated from acquisitions completed during the past year and from non-interest revenue sources. He noted that the company had achieved a record efficiency ratio during 1992 and expected to see continued high performance in this area. Loan demand in the company's markets remained robust and average loans increased 12 percent (on an annualized basis) during the quarter.
 Trans Financial, a bank holding company, serves Kentucky and Tennessee through 27 offices. Its stock is traded in the NASDAQ National Market System under the symbol TRFI.
 TRANS FINANCIAL BANCORP, INC.
 Financial Highlights(A)
 (In thousands, except per common share figures)
 Periods ended Three months Nine months
 Sept. 30: 1992 1991 1992 1991
 Net interest income $7,394 $3,933 $19,742 $11,079
 Loan Loss provision 212 170 912 522
 Net after provision 7,182 3,763 18,830 10,557
 Non-interest income 3,170 1,461 7,795 3,990
 Non-interest expense 6,892 3,893 17,582 11,010
 Income before tax 3,460 1,331 9,043 3,537
 Income tax expense 1,162 421 3,107 1,061
 Net income 2,298 910 5,936 2,476
 Primary earnings per
 common share $0.46 $0.49 $1.31 $1.39
 Fully diluted earnings
 per common share $0.46 $0.42 $1.31 $1.20
 Average shares:
 Primary 4,955 1,761 4,503 1,601
 Fully diluted 4,955 2,249 4,503 2,087
 (A) -- Subject to year-end audit and adjustments.
 -0- 10/19/92
 /CONTACT: David Blackburn of Trans Financial Bancorp, 502-745-7504; or Edmund R. Belak of Georgeson and Co., 212-440-9801, for Trans Financial Bancorp/
 (TRFI) CO: Trans Financial Bancorp, Inc. ST: Kentucky IN: FIN SU: ERN


TS-EE -- NY013 -- 1378 10/19/92 08:59 EDT
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Date:Oct 19, 1992
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